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The Generative AI in Software Development Market size is projected to surpass around USD 169.2 Billion by 2032, and it is poised to reach a registered CAGR of 21.4% from 2023 to 2032. Generative AI in software development is the application of artificial intelligence techniques such as deep learning and machine learning to automatically generate software code and designs. The main focus of these is to support developers in different aspects of the software development process, which improves efficiency and productivity. Factors affecting the growth of generative AI in software development market include market growth, advancements in technology, and increasing demand for AI-based software development solutions.
